Supplemental Information (Notes)

6 Months Ended

Jun. 30, 2023

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Equity Method Investments

LACC, LLC Joint Venture

As of June 30, 2023, the Company owned an aggregate 50% membership interest in LACC, LLC ("LACC"). The Company accounts for its investment in LACC under the equity method of accounting and the change for the six months ended June 30, 2023 was as follows:


	Investment in LACC





Balance at December 31, 2022	$	1,075


Depreciation and amortization	(25)

Balance at June 30, 2023	$	1,050

Other Assets, Net

Other assets, net were $697 and $569 at June 30, 2023 and December 31, 2022, respectively. Deferred turnaround costs, net of accumulated amortization, included in other assets, net were $446 and $359 at June 30, 2023 and December 31, 2022, respectively.

Accrued and Other Liabilities

Accrued and other liabilities were $1,329 and $1,409 at June 30, 2023 and December 31, 2022, respectively. Accrued rebates, current portion of operating lease liabilities and accrued income taxes, which are components of accrued and other liabilities, were $183, $113 and $172, respectively, at June 30, 2023 and $227, $116 and $169, respectively, at December 31, 2022. No other component of accrued and other liabilities was more than five percent of total current liabilities. Accrued liabilities with related parties were $30 and $44 at June 30, 2023 and December 31, 2022, respectively.

Restructuring, Transaction and Integration-Related Costs

The restructuring, transaction and integration-related costs of $3 and $7 for the three months ended June 30, 2023 and 2022, and of $6 and $18 for the six months ended June 30, 2023 and 2022, primarily consisted of costs associated with the Company's acquisitions in previous years.

Non-cash Investing Activity

Capital expenditure related liabilities, included in accounts payable and accrued and other liabilities, were $102 and $167 at June 30, 2023 and June 30, 2022, respectively.

Supplemental Cash Flow Information


	Six Months Ended June 30,
	2023		2022
Cash paid for:
Interest, net of interest capitalized	$	75	$	83
Income taxes	305		355
Operating lease information:
Right-of-use assets obtained in exchange for operating lease obligations	$	90	$	115